Since its launch in April 2024, more than 41 million contracts have been traded, according to the DataWise+ platform.
São Paulo Military Police in front of B3 building during public session (Photo: Paulo Pinto/Agência Brasil)
The Bitcoin Futures Contract (BIT) has already surpassed R$ 2 trillion in traded financial volume after one year of the cryptocurrency derivative's launch at B3, the Brazilian stock exchange.
According to data from the DataWise+ platform, a B3 and Neoway solution, part of the B3 Group, the number of futures traded between April 2024 and April 2025 totaled more than 41 million contracts. In April 2025 alone, over 4 million contracts were traded, a 4,189% increase compared to April 2024, when 102,160 contracts were traded.
"The launch of the Bitcoin Futures Contract was a milestone and reaffirmed B3's commitment to customer-oriented innovation. We developed this product by listening to the market so that investors could access a cryptocurrency product in a regulated market. The significant trading volume confirms that investors are becoming increasingly sophisticated and are seeking diversification for their investment strategies," says Luiz Masagão, Vice President of Products and Clients at B3.
Bitcoin Futures Investor Profile
According to data from the DataWise+ platform, between April 2024 and April 2025, Non-Resident investors lead the trading ranking of Bitcoin Futures on the Brazilian stock exchange during the period. They represent 53% of the total, while Individual Investors have the second largest participation in the analyzed period, with 39% of the total volume.
Funds rank third with approximately 7% of the total traded during the period.
"Access to data and technologies allows us to have greater visibility into the advancement of financial products like this. Analytical intelligence is an important ally for financial institutions, which can consider a vast diversification of products and offer their clients the options that best fit each profile," said Diego Araujo, head of Capital Markets at Neoway.
Bitcoin Futures
Launched by B3 on April 17, 2024, the Bitcoin Futures Contract allows investors to protect themselves against future price fluctuations of the cryptocurrency.
The Bitcoin Futures Contract uses the Nasdaq Bitcoin Reference Price Index as a reference and has monthly expiration.
Currently, the contract value is equivalent to 0.1 bitcoin, or 10% of the cryptocurrency's value in reais. However, the CVM (Securities and Exchange Commission) recently approved a tenfold reduction of the contract. The change will take effect from June 16, and the contract value will become 0.01 Bitcoin.
In this type of contract, settlement is exclusively financial, meaning there is no buying and selling of cryptocurrencies. The financial results of the trades occur based on the price variation of Bitcoin.
Portfolio expansion
The Securities and Exchange Commission (CVM) also approved, earlier this month, the launch of Ethereum (ETR) and Solana (SOL) Futures contracts. The expectation is that the products will be available to the market on June 16.
The Ethereum and Solana Futures contracts will be quoted in US dollars and referenced by the Nasdaq Ether Reference Price and Nasdaq Solana Reference Price indices, respectively.